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Friday 28th August
Hi
It feels that in the past week the the lobby which I would call "anti-property" has been getting up a head of steam and dreaming up ways of interfering in the market.
There was a piece in one of the weekend's papers about land tax and it even included a table which showed how much tax people could end up paying. I haven't seen this online, but if so will supply a link.
Then there was an opinion piece by Brian Fallow suggesting that that GST should be put on rents and mortgage payments. No doubt that that is some thing readers will have a view on.
This theme continued with work we did for NZ Property Investor Magazine this week where a recurring theme to come through is that regulators and politicians seem determined to have a go at the property investors.
Who knows what idea will come up next.
Finish reading my blog here and don't forget to post your comments.
Have a great weekend.
Warm regards
The Landlord
NZ Property Investor - August 2009
We profile investor Coral Wong, whose  strategy of buying properties with subdividable potential has seen her create a rock-solid property portfolio. As well as her investment business, she also has two others... find out how big goals and even bigger dreams can lead to great things.
Our other main feature in August looks at guaranteed rent, via Housing New Zealand leases. Are they a lucrative option for investors and if so - should you go new, or buy an existing lease? We look at what's really involved.
And a mag wouldn't be complete without guidance from the guru, Michael Yardney. In August he looks at what investments are suitable for this stage of the property cycle.
August issue on sale now
Latest News
NZ building consents rebound in July, construction close to 'turning point'
New Zealand home-building consents rebounded in July from a weak June figure, suggesting the residential construction industry is closer to a revival as demand for housing recovers. View More
Companies slapped with fine over property scheme
Three South Island companies that were involved in a scheme which mislead people into believing they were buying their own homes have pleaded guilty to breaching the Fair Trading Act. View More
More positive property news
The New Zealand housing market continued to rebound in July, reflected in the much shorter time houses are taking to sell. View More
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Potential to add a minor dwelling and potential yield of 9.6%. Good sized 3 bed house, Registered Valuation: $320 000 (Completed 21 August 2009)
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